Vancouver Market - Tracking commercial real estate investment sales across Metro Vancouver — sale prices, cap rates, and $/SF data for apartment, retail, office, land, and development transactions. By David Taylor, SVP at Colliers International Canada.
Vancouver Market - Tracking commercial real estate investment sales across Metro Vancouver — sale prices, cap rates, and $/SF data for apartment, retail, office, land, and development transactions. By David Taylor, SVP at Colliers International Canada.
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Condo, Development

52 Townhouses Proposed for Burke Mountain Site

An application for an Official Community Plan amendment, Rezoning, and
Development Permit have been submitted for a 2 acre site in the Smiling Creek Neighbourhood in the Burke Mountain area of Coquitlam.

The site is located south of Oueenston Avenue, east of Paquette Street, and west of Soball Street.

The proposal seeks to amend the land use designation in the OCP for a
portion of the subject site from Small Village Single Family to Conventional
Townhomes.

The proposal calls for:

  • 52 stacked townhouse units;
  • 49 three-bedrooms & 3 two-bedroom units;
  • an 8,100 SF childcare facility
  • a total density of 1.10 FSR;
  • 133 underground parking stalls.

The architect for the project is Ankenman Marchand.

March 14, 2021by david.taylor@colliers.com

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David Taylor Personal Real Estate Corporation

Colliers International

DT

David Taylor

Senior Vice President, Colliers Canada

David Taylor is a Senior Vice President at Colliers International in Vancouver, BC, specializing in the sale of commercial real estate across Metro Vancouver. He has sold over $1.7 Billion in office buildings, retail properties, apartment buildings and development land since 2004.

Vancouver Market chronicles investment and development activity in Metro Vancouver, including sale prices, cap rates, $/SF metrics, and market context for commercial real estate transactions.

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